Resolved
(1) That the report be received and the proposal to initially allocate the £100,000 awarded for ‘Town Centre Innovation’ by the DCLG in the following proportions be agreed:-
· 50% to Banbury - £50,000.
· 30% to Bicester - £30,000.
· 20% to Kidlington - £20,000.
(2) That the proposal to commit £40,000 to the Christmas Parking Initiative that will operate in Banbury and Bicester be approved.
(3) That the process for developing projects and releasing resources to Town Centre projects be approved.